VESTLAND EIENDOM OG BOLIGUTVIKLING AS

5306 ERDAL

Finances

Share Ownership

Return on Equity

22,61 %

Current Ratio

0,75

Debt-to-Equity Ratio

8,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 335 000	21 364 000	13 714 000	2 310 000
Net Income	45 000	20 000	122 000	−13 000
Total Assets	6 189 000	2 699 000	2 476 000	1 825 000
Total Equity	199 000	153 000	134 000	12 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 335 000	21 364 000	13 714 000	2 310 000
Expenditure	22 382 000	21 367 000	13 611 000	2 319 000
Operating Profit	−47 000	−3 000	103 000	−8 000
Financial Income	98 000	44 000	57 000	0
Financial Costs	12 000	10 000	8 000	5 000
Financial Balance	86 000	34 000	49 000	−5 000
Earnings Before Tax	38 000	32 000	152 000	−13 000
Tax	−7 000	12 000	30 000	0
Net Income	45 000	20 000	122 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 010 000	1 272 000	1 336 000	958 000
Total Current Assets	3 179 000	1 426 000	1 140 000	867 000
Total Assets	6 189 000	2 699 000	2 476 000	1 825 000
Total Retained Equity	169 000	129 000	109 000	−13 000
Total Equity	199 000	153 000	134 000	12 000
Total Long-Term Debt	1 726 000	7 000	129 000	163 000
Total Current Debt	4 265 000	2 538 000	2 213 000	1 650 000
Total Equity and Debt	6 189 000	2 699 000	2 476 000	1 825 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 335 000	21 284 000	13 714 000	2 310 000
Other Income	0	80 000	0	0
Revenue	22 335 000	21 364 000	13 714 000	2 310 000
Cost of Goods Sold	19 627 000	18 915 000	11 522 000	1 438 000
Salary Costs	1 801 000	1 205 000	944 000	517 000
Depreciation	86 000	12 000	38 000	24 000
Impairment	1 000	0	0	0
Expenditure	22 382 000	21 367 000	13 611 000	2 319 000
Operating Profit	−47 000	−3 000	103 000	−8 000
Financial Income	98 000	44 000	57 000	0
Financial Costs	12 000	10 000	8 000	5 000
Financial Balance	86 000	34 000	49 000	−5 000
Dividends	0	0	0	0
Net Income	45 000	20 000	122 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	575 000	12 000	136 000	158 000
Total Tangible Assets	575 000	12 000	136 000	158 000
Total Fiancial Fixed Assets	2 435 000	1 261 000	1 200 000	800 000
Total Fixed Assets	3 010 000	1 272 000	1 336 000	958 000
Stock	0	0	0	0
Total Investments	0	40 000	0	0
Cash, Bank	1 458 000	840 000	1 096 000	658 000
Total Current Assets	3 179 000	1 426 000	1 140 000	867 000
Total Assets	6 189 000	2 699 000	2 476 000	1 825 000
Total Equity	199 000	153 000	134 000	12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 726 000	7 000	129 000	163 000
Creditors	2 920 000	1 372 000	1 168 000	684 000
Unpaid Taxes	329 000	234 000	115 000	21 000
Dividends	0	0	0	0
Other Current Debt	1 016 000	933 000	899 000	944 000
Total Current Debt	4 265 000	2 538 000	2 213 000	1 650 000
Total Equity and Debt	6 189 000	2 699 000	2 476 000	1 825 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,61 %	13,07 %	91,04 %	−108,33 %
Debt-to-Equity Ratio	8,67	0,05	0,96	13,58
Operating Profit Margin	−0,21 %	−0,01 %	0,75 %	−0,35 %
Current Ratio	0,75	0,56	0,52	0,53
Quick Ratio	0,75	0,56	0,52	0,53
Equity Ratio	0,03	0,06	0,05	0,01
Gross Profit Margin	12,12 %	11,46 %	15,98 %	37,75 %